Topic: Satoshi Nakamoto should be richer than Bill Gates. - page 2. (Read 7450 times)
Honestly, who even knows if this guy is still alive. There has been so much speculation surrounding this character its unreal, I've seen countless stories during my time here. just take profit with bitcoin its true prouds
satoshi nakatomo still unknown
and until now bill gates still richer in the world, i think if satoshi nakotomo richer can publish , because in this country satoshi nakamoto still pay TAX
Well satoshi nakamoto is unknown so i cannot say that satoshi is really richer than bill gates because bill gates is a known and famous person so he still the richest person in the world. But if satoshi revealed himself and seen all of his money probably he could be richer than bill gatesand until now bill gates still richer in the world, i think if satoshi nakotomo richer can publish , because in this country satoshi nakamoto still pay TAX
Many people are richer than bill gates because title of the richest people is based on the physical form of what it does, the rich people in Arabian peninsula tend to be more low profile and cover up the facts of true wealth, I don't think this is wrong because assets are not counted as The most important factor of wealth.
In this case satoshi chooses not to appear so that we can't compare it to anyone (I think he will never appear), and most people only consider satoshi only as the mascot of a group of kryptologists, I am also a people who think satoshi is the main code of bitcoin project.
satoshi nakatomo still unknown
and until now bill gates still richer in the world, i think if satoshi nakotomo richer can publish , because in this country satoshi nakamoto still pay TAX
Well satoshi nakamoto is unknown so i cannot say that satoshi is really richer than bill gates because bill gates is a known and famous person so he still the richest person in the world. But if satoshi revealed himself and seen all of his money probably he could be richer than bill gates and until now bill gates still richer in the world, i think if satoshi nakotomo richer can publish , because in this country satoshi nakamoto still pay TAX
Satoshi is long dead you silly kids, not even theymos or others has ever heard from him since.
He vanished very sudden like he didn't get a chance to further communicate with the community.
He vanished very sudden like he didn't get a chance to further communicate with the community.
I still feel like there is much to do with bitcoin than just 1 man.
So I don't think Satoshi holds coins right now, or if he is real. Very strange situation.
So I don't think Satoshi holds coins right now, or if he is real. Very strange situation.
I don't think Satoshi will cash in all of those Bitcoins. Even if he cashed in some of them, the price of Bitcoin would probably drop because people would expect all of the coin to go back into circulation.
You never know when and what the real Satoshi will be thinking,if he really wants those coins he have saved at the beginning he will move now or at a later time and no one can stop him from doing that. The price of bitcoin will crash only if he plans on dumping all of his coins which is highly unlikely other than that if the coins moves we might see a minor correction because of fear that he might dump everything.Its just your thought that bitcoin has been holded by the Satoshi now moved to other hands. Actually, this will not be truth I think because the He is one speculates first bitcoin will be reach to 10000$ for one bitcoin. As of now it doesn't happened. May be, Its happened he come out to the real world and say the truth.
I don't think Satoshi will cash in all of those Bitcoins. Even if he cashed in some of them, the price of Bitcoin would probably drop because people would expect all of the coin to go back into circulation.
You never know when and what the real Satoshi will be thinking,if he really wants those coins he have saved at the beginning he will move now or at a later time and no one can stop him from doing that. The price of bitcoin will crash only if he plans on dumping all of his coins which is highly unlikely other than that if the coins moves we might see a minor correction because of fear that he might dump everything.Its just your thought that bitcoin has been holded by the Satoshi now moved to other hands. Actually, this will not be truth I think because the He is one speculates first bitcoin will be reach to 10000$ for one bitcoin. As of now it doesn't happened. May be, Its happened he come out to the real world and say the truth.
I don't think Satoshi will cash in all of those Bitcoins. Even if he cashed in some of them, the price of Bitcoin would probably drop because people would expect all of the coin to go back into circulation.
You never know when and what the real Satoshi will be thinking,if he really wants those coins he have saved at the beginning he will move now or at a later time and no one can stop him from doing that. The price of bitcoin will crash only if he plans on dumping all of his coins which is highly unlikely other than that if the coins moves we might see a minor correction because of fear that he might dump everything.Its just your thought that bitcoin has been holded by the Satoshi now moved to other hands. Actually, this will not be truth I think because the He is one speculates first bitcoin will be reach to 10000$ for one bitcoin. As of now it doesn't happened. May be, Its happened he come out to the real world and say the truth.
If there been unlimited Bitcoin then we could never see $1250 for them. Scarcity is the mother of economics and price determination.
Satoshi could be anyone since his identity is unknown. He could even be Bill Gates himself or Mark Zuckerberg 
It's just doesn't matter.
And if we talk about unknown rich people. Well, they exist and they are a lot (if you put into consideration major illegal drug and weapon dealers. I'm pretty sure those guys are doing well lol).
In the end bitcoins is open-source so we don't need him for any reason. He just did something good and left/disappeared.
It's just doesn't matter.
And if we talk about unknown rich people. Well, they exist and they are a lot (if you put into consideration major illegal drug and weapon dealers. I'm pretty sure those guys are doing well lol
).In the end bitcoins is open-source so we don't need him for any reason. He just did something good and left/disappeared.
I don't think Satoshi will cash in all of those Bitcoins. Even if he cashed in some of them, the price of Bitcoin would probably drop because people would expect all of the coin to go back into circulation.
You never know when and what the real Satoshi will be thinking,if he really wants those coins he have saved at the beginning he will move now or at a later time and no one can stop him from doing that. The price of bitcoin will crash only if he plans on dumping all of his coins which is highly unlikely other than that if the coins moves we might see a minor correction because of fear that he might dump everything. 
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?
Hhahaha , this can't be real....
The moment Satoshi would do this (the problem is that he won't quite be able to do it, but let's forget about it) the value of bitcoins would plummet to...guess what 0.
This is the basic selling point of bitcoin , limited supply.
Once we mess with this it's just like printing fiat.
The assets of Bill Gates is considered to be fixed and its value is not fluctuating and thats why Satoshi Nakamoto could not be much richer than Bill Gates at this point of time. But later in the future when bitcoin hits 1 million dollars each then possibly thats the time that Nakamoto could be more richer than Bill Gates. But there is a downfall on bitcoin if Satoshi Nakamoto dumps his bitcoin and convert it to cash so he can compete in terms of wealth to Bill Gates.
Its possible since bitcoin price does still continue to rise and others said that satoshi holds up 1M bitcoin which means he have $1B as of now on the current price of bitcoin and what if it would go 10k or 100k or so on? Possibilities would be there that he might be even richer than bill gates but for now no one still knows about on where satoshi is.
1bitcoin = $10,000? I think it's impossible to reach I think it will take 15 years or more to reach that amount because if bitcoin unlimited started hard fork in bitcoin, the price may drop by 50% and also if the government of china bans bitcoin (I hope not) it would affect the price greatly and also there are many factors to affect the price. 
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?
Hhahaha , this can't be real....
The moment Satoshi would do this (the problem is that he won't quite be able to do it, but let's forget about it) the value of bitcoins would plummet to...guess what 0.
This is the basic selling point of bitcoin , limited supply.
Once we mess with this it's just like printing fiat
Right now top miners are keeping silence on this matter
But what we can do if they decide that the time has come to lift the bar? Bitcoin will certainly crash on this rumor alone, but then they will certainly backpedal on this issue. After a few iterations of this process people will get used to the frictions as well as be ready to accept the changes and not give a fuck anymore about Bitcoin cap or whether it remains the same. As the proverb goes, a little can go a long way while small strokes fell great oaks
No one knows the exact reason for that
Maybe, he has already passed away since some folks are claiming that Satoshi was Hal Finney who died in 2014 or Dave Kleiman who died a year earlier, or he might have destroyed the keys himself and now doesn't want to appear in the public eye any more. If these coins were moved, no one could predict what effect that would create. Some think that the price would crash, while others insist that it would actually provide support to Bitcoin since its founder would be still alive and kicking
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?
Hhahaha , this can't be real....
The moment Satoshi would do this (the problem is that he won't quite be able to do it, but let's forget about it) the value of bitcoins would plummet to...guess what 0.
This is the basic selling point of bitcoin , limited supply.
Once we mess with this it's just like printing fiat
Right now top miners are keeping silence on this matter
But what we can do if they decide that the time has come to lift the bar? Bitcoin will certainly crash on this rumor alone, but then they will certainly backpedal on this issue. After a few iterations of this process people will get used to the frictions as well as be ready to accept the changes and not give a fuck anymore about Bitcoin cap or whether it remains the same. As the proverb goes, a little can go a long way while small strokes fell great oaks
They can decide whatever they want.
"We" whatever 'we" means can fork the coin and keep it as it was previously.
Well I guess technically it them who are going to fork it to make it unlimited but you've got the point.
The biggest problem is what the sheep are going to follow, and that might be a moment when you realize the world is made of stupid bipeds
We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?
Firstly, regardless of what you’ve read, satoshi has been missing for years, he’s either in hiding or dead.
He has around ~1 million bitcoins, even though he is not nearly as rich as Bill Gates, his bitcoins are worth around 1.3 Billion dollars which is alot. Satoshi can't just magic up more bitcoin at will even if he was still an active member of the bitcoin community, the only way to generate bitcoin is through mining, and he will need to invest tens onr hundreds of millions of dollars to mine enough bitcoin to put him on the same playing field as Bill Gates, the price per bitcoin will also need an increase if this is ever going to happen.
As far as we don't know the identity of Satoshi Nakamoto, we can't consider him as the richest man in the world.
The problem is that many do not know about the identity of Satoshi Nakamoto, maybe if he wants to reveal his identity to the public he could be richer than the Bill Gates.
Exactly, Intead of Him taking the pride as the founder of the crypto currency he instead decided to remain silenced and hide his identify due to security reasons. If he continues to take pride then he might be in jail right now
Well we as connoisseurs and bitcoin seekers can only guess what kind of identity Satoshi Nakamoto, and I remain proud as the founder of crypto currency he instead decided to remain silenced and hide his identity for security reasons or whatever.
The problem is that many do not know about the identity of Satoshi Nakamoto, maybe if he wants to reveal his identity to the public he could be richer than the Bill Gates.
Exactly, Intead of Him taking the pride as the founder of the crypto currency he instead decided to remain silenced and hide his identify due to security reasons. If he continues to take pride then he might be in jail right now
Well we as connoisseurs and bitcoin seekers can only guess what kind of identity Satoshi Nakamoto, and I remain proud as the founder of crypto currency he instead decided to remain silenced and hide his identity for security reasons or whatever.
The problem is that many do not know about the identity of Satoshi Nakamoto, maybe if he wants to reveal his identity to the public he could be richer than the Bill Gates.
How does revealing his identity would make him richer. The basic design of bitcoin is that the early adopters had the biggest share and since Satoshi had a good stack of coins it is known that he has not moved a lot of coins he has mined ,i really doubt if there is any kind of movement in the coins saved by satoshi there would be a massive panic situation . Jump to: